ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, has appointed Michael Borts as Chief Technology Officer (CTO) to lead ACA’s technology development, vision, and strategy.
In his role, he will oversee all product development for ACA’s award-winning ComplianceAlpha® regulatory technology platform and technology enablement at the firm.
Borts joins ACA with 25 years of experience leading teams of scale that include engineering, operations, digital transformation, and cloud strategy in both financial services and entertainment industries. Previously, he worked with large enterprise clients developing and implementing digital transformation for Amazon Web Services.
He has also served as the Head of Digital Transformation at Citco Group and Head of Operations, Infrastructure, and Information Security at Warner Music Group. He has also previously held roles in RegTech and Market Surveillance software development leadership at NYSE.
Shvetank Shah, CEO of ACA Group, says: “ACA’s vision and client mission aligns deeply with our regulatory technology. With our recent acquisition of eComms surveillance provider, Catelas, we are expanding the capabilities of ComplianceAlpha to be a 360-degree holistic surveillance platform that will complement our existing consulting and managed services business. Michael’s experience with product development, digital transformation, and understanding of our client base, will provide us with the leadership to drive our technology vision and mission. What impresses us most about Michael is his ability to think strategically about how technology can better enable clients and staff, and explain that with jargon-free clarity, to bring everyone along on the journey.”
Borts, Chief Technology Officer of ACA Group, says: “I have spent most of my career working closely with financial services firms to help them innovate and become more efficient through technology. The regulatory and environmental changes that firms are facing today requires them to be more proactive with their approach to monitoring investment and firm-wide activity. The ACA team brings a new level of innovation and commitment to clients that excites me. I am looking forward to working with this team to build our next generation regulatory technology.”
